Dealings in Securities on behalf of Employee Share Incentive Schemes

Old MutualOMUOn SENS Friday 16 October 2026, 17:00 SAST

Directors' dealingsNot material

In brief

Two employee trusts made 14 on-market share purchases on 13 October 2026 and 14 October 2026 to hedge share incentive plans. Individual transactions ranged from 78,972 to 2,595,194 shares at volume weighted average prices between R13.3100 and R13.4382.

The announcement

Dealings in Securities on behalf of Employee Share Incentive Schemes

Old Mutual Limited
Incorporated in the Republic of South Africa
Registration number: 2017/235138/06
ISIN: ZAE000255360
LEI: 213800MON84ZWWPQCN47
JSE Share Code: OMU
JSE Alpha Code: OMLI
LSE Share Code: OMU
NSX Share Code: OMM
MSE Share Code: OMU
ZSE Share Code: OMU
("Old Mutual" or “the Company”)

Ref: 29/26

16 October 2026

DEALINGS IN SECURITIES ON BEHALF OF EMPLOYEE SHARE INCENTIVE SCHEMES

In accordance with paragraph 6.90 of the JSE Limited Listings Requirements and paragraph 6.45 of the
JSE Debt and Specialist Securities Listings Requirements, shareholders and debtholders are advised of
the dealings in securities of the Company by employee share incentive schemes:

Name of the Trust                                        Old Mutual Limited Broad-Based Black
                                                         Economic Empowerment Employee Trust
Company                                                  Old Mutual Limited
Nature of transactions                                   On-market purchase in a hedging transaction
                                                         in respect of the Employee Share Ownership
                                                         Plan and Long-term Incentive Plan awards.
Class of Securities                                      Ordinary shares
Date of Transaction                                      13 October 2026
Number of Securities                                     386 437
Highest traded price per share on the market on the      R13.5000
day
Lowest traded price per share on the market on the day   R13.3100
Volume weighted average price per share                  R13.4382
Total value of the transaction                           R5 193 017.69
Extent of interest                                       Indirect beneficial
Name of the Trust                                        Old Mutual Limited Broad-Based Black
                                                         Economic Empowerment Employee Trust
Company                                                  Old Mutual Limited
Nature of transactions                                   On-market purchase in a hedging transaction
                                                         in respect of the Employee Share Ownership
                                                         Plan and Long-term Incentive Plan awards.
Class of Securities                                      Ordinary shares
Date of Transaction                                      13 October 2026
Number of Securities                                     296 243
Highest traded price per share on the market on the      R13.5000
day
Lowest traded price per share on the market on the day   R13.3100
Volume weighted average price per share                  R13.3200
Total value of the transaction                           R3 945 956.76
Extent of interest                                       Indirect beneficial

Name of the Trust                                        Old Mutual Limited Broad-Based Black
                                                         Economic Empowerment Employee Trust
Company                                                  Old Mutual Limited
Nature of transactions                                   On-market purchase in a hedging transaction
                                                         in respect of the Employee Share Ownership
                                                         Plan and Long-term Incentive Plan awards.
Class of Securities                                      Ordinary shares
Date of Transaction                                      13 October 2026
Number of Securities                                     2 595 194
Highest traded price per share on the market on the      R13.5000
day
Lowest traded price per share on the market on the day   R13.3100
Volume weighted average price per share                  R13.3880
Total value of the transaction                           R34 744 457.27
Extent of interest                                       Indirect beneficial

Name of the Trust                                        Old Mutual Limited Broad-Based Black
                                                         Economic Empowerment Employee Trust
Company                                                  Old Mutual Limited
Nature of transactions                                   On-market purchase in a hedging transaction
                                                         in respect of the Employee Share Ownership
                                                         Plan and Long-term Incentive Plan awards.
Class of Securities                                      Ordinary shares
Date of Transaction                                      14 October 2026
Number of Securities                                     296 243
Highest traded price per share on the market on the      R13.4500
day
Lowest traded price per share on the market on the day   R13.2900
Volume weighted average price per share                  R13.3800
Total value of the transaction                           R3 963 731.34
Extent of interest                                       Indirect beneficial

Name of the Trust                                        Old Mutual Limited Broad-Based Black
                                                         Economic Empowerment Employee Trust
Company                                                  Old Mutual Limited
Nature of transactions                                   On-market purchase in a hedging transaction
                                                         in respect of the Employee Share Ownership
                                                         Plan and Long-term Incentive Plan awards.
Class of Securities                                      Ordinary shares
Date of Transaction                                      14 October 2026
Number of Securities                                     533 238
Highest traded price per share on the market on the      R13.4500
day
Lowest traded price per share on the market on the day   R13.2900
Volume weighted average price per share                  R13.3100
Total value of the transaction                           R7 097 397.78
Extent of interest                                       Indirect beneficial

Name of the Trust                                        Old Mutual Limited Broad-Based Black
                                                         Economic Empowerment Employee Trust
Company                                                  Old Mutual Limited
Nature of transactions                                   On-market purchase in a hedging transaction
                                                         in respect of the Employee Share Ownership
                                                         Plan and Long-term Incentive Plan awards.
Class of Securities                                      Ordinary shares
Date of Transaction                                      14 October 2026
Number of Securities                                     1 998 938
Highest traded price per share on the market on the      R13.4500
day
Lowest traded price per share on the market on the day   R13.2900
Volume weighted average price per share                  R13.4166
Total value of the transaction                           R26 818 951.57
Extent of interest                                       Indirect beneficial

Name of the Trust                                        Old Mutual Limited Broad-Based Black
                                                         Economic Empowerment Employee Trust
Company                                                  Old Mutual Limited
Nature of transactions                                   On-market purchase in a hedging transaction
                                                         in respect of the Employee Share Ownership
                                                         Plan and Long-term Incentive Plan awards.
Class of Securities                                      Ordinary shares
Date of Transaction                                      14 October 2026
Number of Securities                                     114 818
Highest traded price per share on the market on the      R13.4500
day
Lowest traded price per share on the market on the day   R13.2900
Volume weighted average price per share                  R13.4065
Total value of the transaction                           R1 539 307.52
Extent of interest                                       Indirect beneficial

Name of the Trust                                        Old Mutual Limited Employee Trust
Company                                                  Old Mutual Limited
Nature of transactions                                   On-market purchase in a hedging transaction
                                                         in respect of the Employee Share Ownership
                                                         Plan and Long-term Incentive Plan awards.
Class of Securities                                      Ordinary shares
Date of Transaction                                      13 October 2026
Number of Securities                                     265 792
Highest traded price per share on the market on the      R13.5000
day
Lowest traded price per share on the market on the day   R13.3100
Volume weighted average price per share                  R13.4382
Total value of the transaction                           R3 571 766.05
Extent of interest                                       Indirect beneficial

Name of the Trust                                        Old Mutual Limited Employee Trust
Company                                                  Old Mutual Limited
Nature of transactions                                   On-market purchase in a hedging transaction
                                                         in respect of the Employee Share Ownership
                                                         Plan and Long-term Incentive Plan awards.
Class of Securities                                      Ordinary shares
Date of Transaction                                      13 October 2026
Number of Securities                                     203 757
Highest traded price per share on the market on the      R13.5000
day
Lowest traded price per share on the market on the day   R13.3100
Volume weighted average price per share                  R13.3200
Total value of the transaction                           R2 714 043.24
Extent of interest                                       Indirect beneficial

Name of the Trust                                        Old Mutual Limited Employee Trust
Company                                                  Old Mutual Limited
Nature of transactions                                   On-market purchase in a hedging transaction
                                                         in respect of the Employee Share Ownership
                                                         Plan and Long-term Incentive Plan awards.
Class of Securities                                      Ordinary shares
Date of Transaction                                      13 October 2026
Number of Securities                                     1 784 977
Highest traded price per share on the market on the      R13.5000
day
Lowest traded price per share on the market on the day   R13.3100
Volume weighted average price per share                  R13.3880
Total value of the transaction                           R23 897 272.08
Extent of interest                                       Indirect beneficial

Name of the Trust                                        Old Mutual Limited Employee Trust
Company                                                  Old Mutual Limited
Nature of transactions                                   On-market purchase in a hedging transaction
                                                         in respect of the Employee Share Ownership
                                                         Plan and Long-term Incentive Plan awards.
Class of Securities                                      Ordinary shares
Date of Transaction                                      14 October 2026
Number of Securities                                     203 757
Highest traded price per share on the market on the      R13.4500
day
Lowest traded price per share on the market on the day   R13.2900
Volume weighted average price per share                  R13.3800
Total value of the transaction                           R2 726 268.66
Extent of interest                                       Indirect beneficial

Name of the Trust                                        Old Mutual Limited Employee Trust
Company                                                  Old Mutual Limited
Nature of transactions                                   On-market purchase in a hedging transaction
                                                         in respect of the Employee Share Ownership
                                                         Plan and Long-term Incentive Plan awards.
Class of Securities                                      Ordinary shares
Date of Transaction                                      14 October 2026
Number of Securities                                     366 762
Highest traded price per share on the market on the      R13.4500
day
Lowest traded price per share on the market on the day   R13.2900
Volume weighted average price per share                  R13.3100
Total value of the transaction                           R4 881 602.22
Extent of interest                                       Indirect beneficial

Name of the Trust                                        Old Mutual Limited Employee Trust
Company                                                  Old Mutual Limited
Nature of transactions                                   On-market purchase in a hedging transaction
                                                         in respect of the Employee Share Ownership
                                                         Plan and Long-term Incentive Plan awards.
Class of Securities                                      Ordinary shares
Date of Transaction                                      14 October 2026
Number of Securities                                     1 374 872
Highest traded price per share on the market on the      R13.4500
day
Lowest traded price per share on the market on the day   R13.2900
Volume weighted average price per share                  R13.4166
Total value of the transaction                           R18 446 107.68
Extent of interest                                       Indirect beneficial

Name of the Trust                                        Old Mutual Limited Employee Trust
Company                                                  Old Mutual Limited
Nature of transactions                                   On-market purchase in a hedging transaction
                                                         in respect of the Employee Share Ownership
                                                         Plan and Long-term Incentive Plan awards.
Class of Securities                                      Ordinary shares
Date of Transaction                                      14 October 2026
Number of Securities                                     78 972
Highest traded price per share on the market on the      R13.4500
day
Lowest traded price per share on the market on the day   R13.2900
Volume weighted average price per share                  R13.4065
Total value of the transaction                           R1 058 738.12
Extent of interest                                       Indirect beneficial

Clearance to deal in accordance with paragraph 6.83 of the Listings Requirements was obtained.

Sandton

Sponsors
JSE                                  Equity Sponsor: Tamela Holdings (Proprietary) Limited
                                     Debt Sponsor: Nedbank Corporate and Investment Banking, a
                                     division of Nedbank Limited
Namibia                              PSG Wealth Management (Namibia) (Proprietary) Limited
Zimbabwe                             Imara Capital Zimbabwe plc
Malawi                               Stockbrokers Malawi Limited

Enquiries
Investor Relations
Langa Manqele                        M: +27 82 295 9840
Head of Investor Relations           E: investorrelations@oldmutual.com

Communications
Wendy Tlou                           M: +27 83 301 9663
Chief Communications and             E: oldmutualnews@oldmutual.com
Reputation Officer

About Old Mutual
Old Mutual is a premium African financial services group that offers a broad spectrum of financial
solutions to retail and corporate customers across key market segments in 12 countries. Old Mutual's
primary operations are in Africa and it has a niche business in China. With over 180 years of heritage
across sub-Saharan Africa, Old Mutual is a crucial part of the communities it serves as well as broader
society on the continent.

For further information on Old Mutual and its underlying businesses, please visit the Corporate website at
www.oldmutual.com

Date: 16/10/2026 05:00:00
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